M&A
confidence high
sentiment positive
materiality 0.85
Firefly Aerospace Inc. (FLY): M&A transaction — Firefly closes $855.6M SciTec acquisition, adding defense software and classified facilities
Firefly Aerospace Inc.
- Purchase price: $300M cash + 11.1M shares of FLY common stock valued at $50/share ($555.6M).
- Acquisition closed Oct 31, 2025; first announced Oct 5, 2025.
- Adds 475+ employees, AI-enabled defense software, big data processing for national security.
- SciTec will operate as a subsidiary under CEO Jim Lisowski, reporting to Firefly CEO Jason Kim.
- Strengthens Firefly's position for programs like Golden Dome and missile warning systems.